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$1,399,000

NAL Estimated Property Value

12202 Cobblestone Dr, Houston, TX, 77024

$1,521,286 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths4,085 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.27 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,619 sqft

Building Information

Year Built1959
Garage Spaces2

Land Information

APN0845880000016
Lot Number16
SubdivisionMemorial Forest
Land UseResidential
Legal DescriptionLT 16 BLK 1 MEMORIAL FOREST SEC 1 R/P
Census Tract430700
Assessed Land Value$698,936
Assessed Improvement Value$344,064
Assessment Year2025

About this property

Great opportunity to make this your dream home in beautiful Memorial Forest! This 5 bedroom, 3 bath home also has a separate one story wing with a living area/full kitchen/bedroom and full bath which is perfect for multi-generational living. Or it could also be used for a big media or gameroom for the kids or entertaining. Most of the main house has hardwood flooring, nice brick gas log fireplace, living area w/ lots of windows & views to the courtyard and partially open to the kitchen which is a good size and the windows have also been replaced. This property sits on a corner lot in a great central location of the neighborhood w/ mature trees. There is a wonderful outdoor courtyard that is serene and private. This large home has great bones, is and just minutes to Memorial City Mall, Beltway 8 & City Centre! Membership to Memorial Forest Club offers 2 pools, 3 tennis courts, pickle ball & basketball courts plus a clubhouse. Zoned to award winning SBISD! Property to be conveyed as-is.

Investor Tools

Property Icon
$1,399,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,399,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,521,286
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,394 /month
Positive
Cash Flow Estimate:
$2,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
$528/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,787
$1,043,000
2025
$698,936
$344,064
$1,043,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,787
$1,043,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,467,000
100%
0%
$0/mo

City: Houston

12202 Cobblestone Dr | Property Details | No Agent List